TTEC Holdings Inc reports results for the quarter ended in January 1 - Earnings Summary

• TTEC Holdings Inc TTEC.OQ reported quarterly adjusted earnings of 11 cents​​ per share for the quarter ended January 1, lower than the same quarter last year, when the company reported EPS of 48 cents. The mean expectation of seven analysts for the quarter was for earnings of 14 cents per share. Wall Street expected results to range from 4 cents to 22 cents per share.

• Revenue fell 12.2% to $529.43 million from a year ago; analysts expected $539.11 million.

• TTEC Holdings Inc's reported EPS for the quarter was a loss of 44 cents​.

• The company reported a quarterly loss of $21.12 million.

• TTEC Holdings Inc shares had fallen by 7.5% this quarter and lost 74.9% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 61.4% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the it services & consulting peer group is also "buy"

Wall Street's median 12-month price target for TTEC Holdings Inc is $5.93

This summary was machine generated from LSEG data November 7 at 05:18 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)